Thursday 23 Jan

sanctions

Oil prices surge on new US sanctions against Russia
2025/01/14

Oil prices surge on new US sanctions against Russia

Oil prices surged to a four-month high on Tuesday as Chinese and Indian buyers sought alternative suppliers following the latest round of stringent US sanctions...

Gazprom downplays impact of new US sanctions
2025/01/12

Gazprom downplays impact of new US sanctions

Russian energy giant Gazprom has dismissed the latest round of US sanctions as ineffective, stating they will not disrupt its operations. The company condemned these...

Gulf oil prices surge amid ME supply shortages
2024/12/18

Gulf oil prices surge amid ME supply shortages

Middle Eastern oil markets are witnessing a decline in supply amid the UAE's intention to reduce its crude oil sales and the stumbling of Iranian...

Bloomberg exposes secret Iranian oil shipping network to China
2024/11/23

Bloomberg exposes secret Iranian oil shipping network to China

A clandestine fleet of aging vessels has emerged as a key player in the global oil trade, approximately 40 miles east of the Malaysian peninsula....

Weak China demand weighs on oil prices
2024/11/09

Weak China demand weighs on oil prices

Oil prices dipped this week as investors grappled with uncertainty following the U.S. presidential election. While China's recent stimulus measures failed to significantly boost market...